$45,000
●
House -
Off Market
40 STATE ST
PENNS GROVE, NJ 08069
4 Beds
2 Baths
2,056 Ft²
$64,351
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
JUST LISTED! Don't miss the opportunity to tour this home! Large 4
bedroom home with loads of room and tons of potential. H U D Home.
Sold AS IS by elec. bid only Prop avail 01-24-20. Bids
due by 01-28-20 11:59 PM Central Time then daily until sold.
FHA Case #351-569657. Uninsured. Eligible for FHA 203K. For
Prop conditions, Forms, Discl & Avail please visit HUDHomestore
dot com. For additional forms, updates, step-by-step
videos & free photo lists, please visit BLBResources dot com.
BLB Resources makes no warranty as to condition of property.
Buyers to verify all info. Per FHA Appraiser home was built
in 1928 and square footage is 2,056.
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$22
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1928
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (Bright MLS #NJSA137046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2021 | No longer available | - | |
| No longer available | |||
| Sep 10, 2021 | Listed by Collini Real Estate LLC | $174,900 | |
| Listed by Collini Real Estate LLC | |||
| | |||
|
Welcome to 40 State street. This beautiful 4 bedroom 2 full bath house has a lot of potential and is waiting for that special someone to call it HOME. This is an AS IS deal. Buyer is responsible for all inspections, certifications, including CO. The manager has listed the unit size as 2056 square feet.
| |||
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Jan 25, 2020 | Listed by American Dream Realty of South Jersey | $45,000 | |
| Listed by American Dream Realty of South Jersey | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Sold On
HOA + Taxes
About Penns Grove
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Listed by: V. Brian Savarese
American Dream Realty of South Jersey
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJSA137046
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American Dream Realty of South Jersey
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJSA137046
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Address: 335 Madison Avenue, New York, NY 10017